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21 Νοε 2023 · Explore capital resources. Learn the definition of capital resource, how capital resources are used in production, and view a list of capital resource examples. Updated: 11/21/2023
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In order to pass the quiz, you will need to identify the...
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Definition: The term capital resource is an economic concept that refers to man-made elements employed to produce goods or services. They are resources that allow the company to carry on with its productive activities.
• capital resources - the building or shop in which the business is located; fridges, tables; equipment and all the small tools that people use to make their job easier and more productive.
Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services. The items the people in Communityville produced are called capital resources. Step 3: Ask students questions such as:
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Example of Capital Resources. The use, and procurement of capital resources for a normal business can be encapsulated using the example below.
Capital resources are items that are used to create other goods or perform a service. These items are man-made, which means they do not occur naturally and must be created before they can be...